Market Updates

Many of you already know that yesterday the Republican tax plan bill successfully passed through Congress and will be signed by President Trump. Some individuals will be impacted more than others, and some not at all. But we just wanted to highlight a couple of these for you—effective in 2018, for individuals.

Equifax disclosed late last week that their computers were breached on July 29, 2017. Equifax estimates that as many as 143 million records were obtained by the hackers. The information that was stolen included name, address, social security numbers, birth dates and driver’s license numbers.

The world awoke this morning to a surprise US Presidential victory by Donald Trump. And perhaps equally important were the congressional elections, in which Republicans also maintained control over both the House of Representatives and Senate. There are many unknowns attached to Trump’s upcoming Presidency, his policies, and the man himself — but it is important to at least parse out the things we do know about certain important economic factors.

Having worked with MLP investors for a decade, we receive many questions from clients and prospects about the asset class. Now that MLP investing has entered the mainstream, we often find “myths” about the MLP sector in news articles and various media outlets. Here are some of the more common ones.